On Friday, Abercrombie & Fitch Co reported a third continuous quarter of falling same-store sales indicating the retailers re-branding strategy is not proving as popular as it was hoped. The New Albany, Ohio based company, said profit fell by 81%, as sales dropped 6% at stores open over 12 months during...

Two former partners at the auditing firm were found to be in personal relationships with their clients. Ernst & Young LLP was charged $9.3 million...

Regulators are expected to thoroughly review the merger with potentially a 50 percent chance the deal will pass clearance. Bayer and Monsanto will be pushing...

Wells Fargo has been accused of creating 2 million fake customer accounts to hit sales targets. In a move to assure regulators, lawmakers and clients,...

The company is currently working on relaunching its popular products, Activia yogurt and Actimel fermented milk products. French yogurt maker Danone said...

Avianca is attempting to raise $500 million. United Continental Holdings Inc (NYSE: UAL) and Delta Air Lines Inc (NYSE: DAL) will possibly bid for Colombia’s...

Michael Dell and Silver Lake Partners will have to pay investors an additional $36 million. Following a ruling made by a judge in Delaware, Michael Dell...

The banks shares have risen by 16% during the year. Higher losses from energy loans and restructuring charges to pave the way for digital banking saw the...

Lufthansa said flights would be suspended from June 18. International companies are withdrawing their businesses in Venezuela due to worsening economic,...

Eddy Cue, Apple’s senior vice president of Internet Software and Services is believed to have proposed the acquisition. Apple’s senior vice...